400-402-Foulk-Rd-Wilmington-DE

HFF Facilitates Sale of 301-Unit Multifamily Property in Wilmington, Delaware

by Amy Works

WILMINGTON, DEL. — HFF has brokered the sale of Brandywine Hundred Apartments, a multifamily property located at 400 and 402 Foulk Road in the Brandywine Hundred neighborhood of Wilmington. A joint venture between CenterSquare Investment Management and Korman Residential Properties sold the property to a regional private buyer for an undisclosed price. Situated on 10.6 acres, the property features units averaging 946 square feet, a swimming pool with sundeck, tennis courts, a fitness center with televisions, a resident lounge with Wi-Fi, a business center and covered parking. Mark Thomson, Jose Cruz, Carl Feibig and Francis Coyne of HFF, along with Robert Stella of Financial Consulting Services, represented the seller in the transaction.

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